// Downloaded From https://www.WiseStockTrader.com // See http://trader.online.pl/MSZ/e-ex-Historical_Volatility_System_Connors_Raschkes.html // // Note the version on the amibroker site has a mistake // Connors/Raschke say buy based on "either an inside day or an NR4 day" // but formula 115 uses AND instead of OR. logRocc = log(C/Ref(C,-1)); HistVol = StDev(logRocc,5) / StDev(logRocc,99); H_L = H-L; NR4 = H_L == LLV(H_L,4); Plot(HistVol, "HistVol", ParamColor("Color", colorCycle), styleLine); Plot(0.5,"",colorBlack, styleDashed); Plot(IIf(HistVol>0.5, 3, IIf(NR4,6, IIf(Inside(), 9, 3))), "NR4 or Inside", IIf(HistVol>0.5, colorLightGrey, IIf(NR4,colorLime, IIf(Inside(), colorBlue, colorLightGrey))), styleOwnScale|styleArea|styleNoLabel, -0.5, 50); NumColumns = 5; Column0 = HistVol; Column0Name = "HistVol"; Column1 = NR4; Column1Name = "NR4Day"; Column2 = Inside(); Column2Name = "Inside"; Column3 = High+0.125; Column3Name = "Buy Stop"; Column4 = Low-0.125; Column4Name = "Sell Stop"; Filter = HistVol < 0.5 AND (NR4 OR Inside()); Buy = Filter;